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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Household Economic Security

Nearly half of U.S. households would struggle with an unexpected $400 expense, Fed study finds, By Don Lee, May 25, 2016, Los Angeles Times: “Shedding light on the precarious economic state of many American families, theFederal Reserve said Wednesday that nearly half of U.S. households reported they would have trouble meeting emergency expenses of just $400.  In addition, the Fed found that 22% of workers were juggling two or more jobs last year, higher than what government jobs data would suggest. And nearly one out of three Americans said that they have no retirement savings or pension…”